UK homeowners: what are you doing to afford your increased mortgage payments?

UK homeowners: what are you doing to afford your increased mortgage payments?

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Interest rate rises have resulted in millions of households facing huge spikes in the cost of paying their mortgage.

Many have been forced into getting new fixed rate deals which are much more expensive than what they were on, while others are on trackers that have been gradually rising.

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We would like to hear how people are affording the extra expense and what they have had to give up – are pension payments being hit? Savings for children? Holidays?

We would also like to hear whether people have taken on more work, ‘side hustles’ or other initiatives to raise money to pay the mortgage.

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